Results for: first time home buyers

June delivers influx of new housing inventory however, pending sales and closes push median pricing to record highs across Denver metro area and state

REALTORS® seeing some signs of change in markets across Colorado ENGLEWOOD, CO – July 13, 2021 – A strong month for new listings in June helped give potential homebuyers a little hope and opportunity however, the volume of sales and homes going under contract continued to grow as well pushing the median sales price for single-family homes in the seven-county...

Colorado Housing Markets Have A Demand Problem

Double digit appreciation and over-asking price records shattered in this ‘new norm’ Regional and Statewide Statistics ENGLEWOOD, CO – June 10, 2021 – Having shrugged off any potential effects of the past year, including COVID-19, massive unemployment, economic uncertainty and the typical seasonal fluctuations, Colorado’s housing market continued an historic run through the month of May, according to the latest...

Capitol Connection – June 4th, 2021

Legislative Advocacy this week at the State Capitol Transparency and Accountability Improvements for Special Districts Senate Bill 262 increases transparency and accountability about property taxes for residents. Special Districts include anything from your neighborhood construction improvement or development to fire district or scientific and cultural district or even water districts such as Water World. One type of special district is...

List Price Just the Starting Point in Housing Markets Frenzied Madness of March

ENGLEWOOD, CO – April 12, 2021 – Approximately 60% of Colorado homes sold during the month of March received more than the original asking price as the frenzied buying market continues statewide, according to the latest research from the Colorado Association of REALTORS® (CAR) and the National Association of REALTORS®. Together with California, Colorado topped the madness of March list...

Staggeringly Low Housing Inventory Across Colorado

Tom Brady has more than 2X as many Super Bowl rings as there are houses for sale in southeast Boulder County ENGLEWOOD, CO – Feb. 10, 2021 – While early February spotlights Groundhog Day and the annual prediction of spring’s arrival, the Colorado housing market just keeps reliving its long-term storyline of low inventory and high demand with no predictable...

Unpredictable Factors Deliver Record Setting 2020 Housing Market Across Colorado

ENGLEWOOD, CO – Jan. 13, 2021 – While coronavirus delivered devastating effects on our personal and professionals lives throughout 2020, the oldest laws of supply and demand carried Colorado’s housing market through health-focused restrictions, as well as changing residential and work wants and needs. Coupled with historically low interest rates, the combination of circumstances delivered record-setting results in most measurable...

Colorado’s Housing Market in Just One Word – Inventory

Active listings and months supply of inventory fall to record lows driving land sales in many communities ENGLEWOOD, CO – Dec. 10, 2020 – High demand and a continually shrinking supply of homes available for sale across Colorado pushed active listing and overall inventory to all-time lows across the state and driving land sales in numerous markets, according to the...

Boulder, Fort Collins in Top 10 Markets with Highest Median Down Payments

Faced with more expensive home prices, home buyers are bringing more money to closing. The median down payment on a single-family home and condo purchased in the third quarter increased by nearly 67% compared to a year ago. Median down payments are at the highest level recorded since at least 2000, according to a new analysis from ATTOM Data Solutions,...

A Snapshot of the State’s October 2020 Housing Markets

October highlights for the Denver market include: The greatest 12-month-period price appreciation (21.3%) ever tracked by the Colorado Association of REALTORS®. There were 42% more single-family homes sold than the previous year, and 23% more new listings arrived to replace them, all while the median single-family price increased $32,000 in one month Taking a look at some of the state’s...

New Month, New Records Across Colorado Housing Markets

Pending Sales and Median Price hit all-time highs while Active Listings fall nearly 50 percent from a year ago Marty Schechter for CAR 303-882-4585 cell  marty@schechterpr.com ENGLEWOOD, CO – Sept. 11, 2020 – In addition to record high temps throughout the month of August, the statewide housing market continued its hot streak as well, setting new records for pending/under contract...